Apr 17, 2013 4:00pm EDT
keep promises. lori: google will be latest technology company to report earnings tomorrow. that will be after the bell. we'll be with you. yahoo! reporting disappointing so far this week what can we expect? david: joining us is an analyst. good to see you. one problem i see with google, maybe because i'm an outsider, tell me from an insider's perspective it is closely connected to the pc market. you turn own your pc, go to google. it doesn't have the same affiliation with mobile devices which are taking over the pc. is that a problem for google? >> actually, it is beneficial because the more devices consumers have to access the internet google benefits. mobile search, google is the leader with 90% plus market share. they have taking advantage of consumers online. they have many on-ramps to the internet as we like to call it. they're benefiting from all the smartphones. google maps is popular application. google search. no, i think they're a net beneficiary of this trend. lori: isn't yahoo! elbowing into the smartphone market? we know now into the home led by marisa mayer,
Apr 17, 2013 5:00am PDT
which will be helpful for technology companies. it allow are for facebook and other technology media companies to recruit americans for job before hiring foreign workers. they have long complained about a shortage of high skilled workers here in the u.s. >>> a man is accused of a shooting on the las vegas strip is due in court today. 27-year-old harris was extradited and had been held there since february 2elth. -- 28th. he is being charged with multiple counts including murder. >>> an suv slammed into a dental office which happened in sit is stress -- citrus heights. an elderly woman mistakenly stepped on a gas pedal sending her car into a building and the driver was not injured. >>> special events will be held today remembering the worst disaster in history. the annual parade and dinner will commemorate the san francisco earthquake. both take place this afternoon. now only one survivor will be here and that's winnie hook, only seven years old, she was only 2 when the quake destroyed her home in san jose. >>> there is some trouble in downtown oakland, what is going on, sal? >> that'
Apr 17, 2013 9:00am EDT
someone invests in us because we have the technology leadership, it manifests itself in products that lead the competition and allows us to win in markets. >> perhaps it's time to ramp that spending up, jim, to figure out other avenues in which they'll be able to deploy their chips. >> they cut it to 12 billion because they were able to reuse some of the factories. the interesting thing is goldman is saying you're spending three times what you're spending in 2009 and getting the same bang for the buck. intel which is a fabulous manufacturer, is spending too much money and not getting any reward for it. they're paying good dividend while you're waiting. >> what are you waiting for? for ultra tablets? >> i think that comes out, gdot. it's not like they haven't figured out transitions in the past and what was the ability to do just that. >> ultimately, they've been able to reinvent and reinvent by making things smaller and smaller, another really nice guy, but this was supposed to be a good-bye swan song and instead it turned a rap on the call, i felt. i felt like people were saying gross mar
Apr 17, 2013 1:00pm EDT
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Apr 17, 2013 5:00pm EDT
to it. we had a major selloff. we had tremendous weakness when it comes to energy, technology, financials. steve, what did you make of the action today? >> we stopped really at the 50-day moving average in the s&p cash. but what we did have pressure on is what we've deny talking about. utilities, those staple stocks. if you look a dominion, s.o. southern, mcdonald's. those are names where people are hiding until they know whether or not it's safe to get back in the market place. >> dan? >> you mentioned technology. here's one. apple was down closing a new 52-week low. this is a name that has by f bifurcated from the market. in a week we're going to get massive earnings from google, ibm tonight. these are cyclical names so they're not setting up that well right now. so, you know, i think you have to avoid some of these things. especially a name like google that saw heavy inflows from all this apple weakness. if you don't think people will have their eyes there, you have to be careful. >> gold got no bid whatsoever. it was higher earlier in the session. turned and finished the d
Apr 17, 2013 7:00am PDT
facebook worked hard to get a provision in the reform bill that will be helpful to technology companies. the proposed new rules would allow facebook and other high- tech companies to avoid a requirement that they make a good faith effort to recruit americans for jobs before hiring foreign workers. the high-tech industry has long complained about a shortage of qualified engineers and other high-skilled workers here in the u.s. >>> america is footing most of the bill when it comes to overseas military bases. the senate armed services committee has found the u.s. is paying $10 billion a year to operate bases in countries including germany, japan and south korea. the report outlines problems in getting compensations from other countries and the pentagon may close some bases to save money. >>> the distinguished warfare medal was approved by leon panetta, and some lawmakers were concerned that the medal would be placed above those for battlefield valor. chuck hagel nixed the medal in favor of in addition to existing medals. >>> he's trying to rebuild a tainted political career. but now mark s
Apr 17, 2013 7:00am PDT
fire safety technologies. and improve the level of operating redundancy. this will be on all 24 of their ships as this, they say will expand the availability of postal services for the comfort of guest. this is if the ship was power. they had bad publicity what they had those accidents when the power was out and customers were left with a pretty bad vacation. there are hoping this will improve again and they will get good princely. policy. >> let us take a live look at the reopening of the exploratoryium . >> located now at pier 15 where they are during the ceremony to kick it off. we will be right back. >> that is it for this morning. a lot of new developments happening in the wake of the bombings of the marathon in boston. stay tuned for the 24/7 news channel for the latest. as was our web site kron4.com , facebook and twitter pages as an aberration become available. >> dr.